Genesys International Approves Rights Issue Up to ₹13,930 Lakhs

Genesys International Corporation Ltd's Board of Directors has approved a Rights Issue of Equity Shares, aiming to raise up to ₹13,930 Lakhs. The issue will be offered to eligible shareholders as of a determined record date. The Board also established a Rights Issue Committee to manage the process, including determining the issue price, entitlement ratio, and timing. Specific terms will be finalized by the Board or the authorized committee. This move is in accordance with applicable laws and regulations, including SEBI ICDR Regulations.